Local Rule Rule 3017-1: Disclosure Statement - Approval

Rule 3017-1 Disclosure Statement - Approval

(a) Service of Proposed Disclosure Statement The proponent of a plan must serve the plan, the proposed disclosure statement and the notice thereof as required in Federal Rules of Bankruptcy Procedure 3017(a) and 2002(b). The proponent must serve the proposed disclosure statement and plan on those entities identified in Federal Rule of Bankruptcy Procedure 3017(a) and on any entity filing a Request for Notices pursuant to Local Rule 2002-1(b). The notice shall provide that any creditor or party-in-interest may obtain a copy of the proposed plan and proposed disclosure statement without charge from the attorney for the proponent by contacting the attorney by U.S. first-class mail, fax transmission, telephone, or electronic mail. The notice shall provide the office address, telephone numbers, and business e-mail address necessary to contact the attorney to obtain the documents. The notice shall further provide that any objections to the adequacy of the disclosure statement must be filed with the Court and served upon the proponent's attorney, the debtor's attorney if the debtor is not the proponent, and the United States Trustee, and the notice shall provide the addresses for such service. The proponent shall contact the Courtroom Deputy to obtain a time, date, and place of hearing on the proposed disclosure statement. The proponent is responsible for preparing a notice of the disclosure statement hearing which substantially conforms to the applicable official bankruptcy form (Official Form 312). The notice shall provide a bar date for filing objections to the proposed disclosure statement which is at least 28 days after the date of service of the notice. The hearing on approval of the disclosure statement may take place no earlier than 14 days after the bar date for objections. Any reduction of such periods must be requested of the Court by written motion.

(b) Service of Documents after Approval of Disclosure Statement Upon approval of the disclosure statement, the plan proponent must comply with the service requirements of Federal Rule of Bankruptcy Procedure 3017(d). The documents required to be served by Federal Rule of Bankruptcy Procedure 3017(d) must also be served by proponent on entities who have filed Requests for Notices under Local Rule 2002-1(b).